News

Report: Apple, Samsung resume patent talks

Apple and Samsung are negotiating to end their disputes over patent infringement, The Korea Times reports. An official at the Fair Trade Commission said, “As far as I know, the companies recently resumed working-level discussions toward the signing of a potential deal. They are in the process of narrowing differences over royalty payments.” Apple CEO Tim Cook and Samsung CEO Choi Gee-sung reportedly held talks last year, but couldn’t reach an agreement, as Samsung wouldn’t accept Apple’s royalty demands. Samsung seeks a cross-licensing deal, which would allow the company to access certain Apple patents. But Apple is asking Samsung to pay more than $30 per device, which is “too much,” according to a Samsung official. Last week, Apple renewed a motion seeking a U.S. sales ban on certain Samsung products.